Deputy of the RPA faction, President of the Standing Committee on Financial-Credit and Budgetary Affairs Gagik Minasyan spoke to reporters about the upcoming National Assembly session where the state budget plan is to be discussed. He said that the plan presented by the government of its activities promised revolutionary growth in all sectors- investments, economics, and production, but it became clear through budgetary plans that nothing remained of that promised revolutionary growth. The government confronted the problems that it faces. “It is not a coincidence that the Prime Minister, prior to discussions, said that the budget plan is not revolutionary, it is inert, but that is also not a correct evaluation. The budget plan is not inert, it is instead regressive, and is moving backwards in all directions. If there was 7.5 percent economic growth in 2017, there was 6.5 percent economic growth this year, and 4.9 percent next year. This is an obvious decrease. Economic growth is essentially based off of the circumstances that we have had high economic growth in the first three months. That is why we will have 6.5 economic growth by the end of the year.”
Minasyan said that people are saying that the shadows need to be shortened, but there is only a 1.3 percent expected decrease in shadows. “This is simply a verdict.”
Gagik Minasyan, presenting economic indicators, said, “This is what remained from the revolutionary growth six months later. The government needs to take serious steps, change its policies, and seriously work to make sure that foreign investments increase. This problem cannot be solved without investments. But the Prime Minister is making statements that keep investors away.”
Hripsime Jebejyan
